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September 10, 2021
Bankrupt Supplier Discusses Path Forward For Remaining RCEs, Potential POLR Drop
A bankruptcy court today approved the sale of a significant book of customers of Liberty Power Holdings, LLC (collectively, 'Liberty Power' or the 'Debtors') to NRG Retail, LLC, which had been previously designated as a stalking horse bidder
July 29, 2021
As part of a rulemaking to implement recent legislation, the Texas PUC will consider whether to prohibit all index products, and any product with a pass-through of ancillary services, for residential and small commercial customers
July 28, 2021
Staff of the Texas PUC have filed a draft proposal for publication containing proposed rule changes to implement HB 16, which generally bans wholesale energy market index plans to mass market customers, and relevant portions of SB 3. The proposal for publication also includes new customer protection…
July 7, 2021
Texas stakeholders filed with the Texas PUC proposals regarding potential changes to Provider of Last Resort pricing
July 7, 2021
During a hearing on first day motions in the bankruptcy proceeding of Pogo Energy, LLC, parties disclosed that Pogo owes $27 million to Luminant, Pogo's wholesale supplier and credit provider
June 25, 2021
Staff of the Texas PUC have filed a strawman containing proposed rule changes to implement HB 16, which generally bans wholesale energy market index plans to mass market customers, and relevant portions of SB 3. The strawman also includes new customer protection changes not mandated by statute.
June 17, 2021
POLR Rate Formula Proposed To Be Changed
During today's open meeting, Texas PUC Staff previewed a strawman to implement HB 16, which includes a ban on wholesale indexed plans for small customers, and which also includes new risk disclosure requirements in order to offer such plans to large customers
June 16, 2021
Addresses Supplier Access to AMI Data, Use In Wholesale Settlement
May 26, 2021
ERCOT has formally initiated the mass transition of Brilliant Energy's non-residential customers to Providers of Last Resort (POLRs)
May 20, 2021
Approving relief sought by the Trustee of Brilliant Energy LLC (the "Debtor"), a federal bankruptcy court ordered the mass transition of Brilliant Energy's remaining customers -- which are commercial customers -- to the provider(s) of last resort (POLR)
May 18, 2021
The Trustee for Texas retail electric provider Brilliant Energy (Debtor) has sought bankruptcy court approval to drop its commercial customers (which represent its remaining customer book) to the provider(s) of last resort (POLR)
March 31, 2021
(Earlier): Texas Retail Provider Acquires Another Customer Book
GB Power provided the statement below concerning the matter. Concerning the allegations made by PUCT Staff, GB Power emphasized that although there was an investigation, there was also a negotiation and potential settlement with the PUCT.
March 31, 2021
Customers of Texas retail electric provider Volt Electricity Provider LP have been transferred to Ampra Energy
March 30, 2021
Price For Prior Book Sales To Rhythm, NRG Disclosed
Entrust Energy (and affiliates, collectively known as the Debtors) has filed with a bankruptcy court a declaration in support of its bankruptcy which provides certain information regarding Entrust activities leading up to, and after, the ERCOT winter event
March 30, 2021
Entrust Energy, Inc., along with certain affiliates including Entrust Energy East, Inc. and Power of Texas Holdings, Inc., have filed voluntary petitions for bankruptcy under Chapter 11 in the Southern District of Texas
March 22, 2021
Staff of the Public Utility Commission of Texas filed a petition to revoke the retail electric provider (REP) certificate of Volt Electricity Provider LP (Volt) as Staff alleged that ERCOT has revoked all rights of Volt to conduct activity in the ERCOT market
March 17, 2021
The Manager of Licensing and Compliance for the Texas PUC's Customer Protection Division issued a memo stating, "On March 17, TXU Energy Retail Company LLC (TXU) filed a request to increase the number of ESI IDs that it is willing to serve as a VREP [voluntary POLR]."
March 17, 2021
NRG Still Sees Opportunity To Get Additional Retail Customers
NRG Energy, Inc. today announced the Company is providing an interim financial impact update, "reflecting the unprecedented effect on the ERCOT system and settlement data from the winter storm."
March 16, 2021
Earlier: Texas Retail Electric Provider Brilliant Energy Files For Bankruptcy (Chapter 7)
March 16, 2021
Earlier: Texas Retail Electric Provider Brilliant Energy Files For Bankruptcy (Chapter 7)
March 9, 2021
On Tuesday, March 9, 2021, ERCOT revoked all rights of POWER OF TEXAS HOLDINGS INC to conduct activity under the ERCOT Protocols due to its failure to designate a new Qualified Scheduling Entity (QSE) or qualify as an Emergency QSE pursuant to the ERCOT Protocols.
March 4, 2021
During a hearing before a Texas Senate committee, Thomas Gleeson, Executive Director of the Public Utility Commission of Texas, said that he "anticipate[s]" more drops of customers to the Providers of Last Resort (POLR) from the winter weather event and related liquidity issues
March 4, 2021
Says Private Right Of Action Should Be Allowed For Wholesale Market Manipulation Claims
March 3, 2021
Drew Gormley, CEO of Texas retail provider Energy Monger, LLC, issued the letter below to brokers suggesting that brokers move customers to another REP, given that a, "POLR process looks to be imminent," due to an ERCOT breach and, as stated by Gormley, "ERCOT ... advised they would no longer work…
March 3, 2021
On Wednesday, March 03, 2021, ERCOT revoked all rights of ENTRUST ENERGY INC (LSE) to conduct activity under the ERCOT Protocols due to a Payment Breach.
